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Share Price: 0.30

Bid: 0.25

Ask: 0.35

Change: 0.00 (0.00%)

Spread: 0.10 (40.00%)

Open: 0.325

High: 0.325

Low: 0.30

Prev. Close: 0.30

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IN BRIEF: Bens Creek jumps as sale and delivery of coal commences

Mon, 17th Jan 2022 14:35

Bens Creek Group PLC - London-based coal mine operator and owner with projects in North America - Commences the sale and delivery of metallurgical coal. The initial agreed volume with Integrity Coal Sales Inc is to deliver the equivalent of 8,840 clean tonnes of high-vol B coal. Payment for the initial delivery is expected over the next ten days. Bens Creek explains that the early delivery of metallurgical coal to Integrity accelerates by more than one month its generation of revenue and starts the fulfilment of the off-take agreement announced on October 21 which provides for the delivery of 22,000 clean tonnes per month.

Current stock price: 38.00 pence, up 10% on Monday in London

12-month change: up sharply from 10.50p on October 19

By Heather Rydings; heatherrydings@alliancenews.com

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(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

12 Apr 2024 14:25

Bens Creek shares fall as it moves mine into care and maintenance

(Sharecast News) - Shares in North American metallurgical coal miner Bens Creek were sliding on Friday afternoon, after the company issued an update on its operations and working capital position, confirming that its West Virginia mine was moving into care and maintenance.

12 Apr 2024 10:04

AIM WINNERS & LOSERS: Bens Creek falls as it lays off workers

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

12 Apr 2024 09:39

Bens Creek shares plunge amid round of lay-offs in West Virginia

(Alliance News) - Bens Creek Group PLC shares on Friday plummeted after it reported that it has laid off 44 Bens Creek Operations WV LLC employees.

12 Apr 2024 08:58

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.

8 Apr 2024 10:52

Bens Creek inks coal sale deal amid cash flow strains

(Sharecast News) - Metallurgical coal miner Bens Creek Group announced an agreement with its largest shareholder Avani Resources on Monday, for the purchase of 20,000 tons of off-spec coal.

8 Apr 2024 10:17

Bens Creek down as struggling company inks additional Avani coal order

(Alliance News) - Bens Creek Group PLC shares sank nearly 20% on Monday morning, as the company announced another coal contract with its largest shareholder following a tough start to 2024.

26 Mar 2024 13:39

Bens Creek draws additional working capital from largest shareholder

(Alliance News) - Bens Creek Group PLC announced on Tuesday that it has drawn additional financing to cover the requirements of its North American mining projects.

19 Mar 2024 14:11

IN BRIEF: Bens Creek falls as draws down USD9 million

Bens Creek Group PLC - Owner and operator of coal mines across the US - Draws down USD7.5 million under the working capital facility in place with Avani Resources Pte Ltd. Avani is a Singapore-based commodities trader, Bens Creek's largest shareholder with a 30% stake. Avani have also advanced a further USD1.3 million to Bens Creek as part of the discretionary component of the facility. The facility was announced earlier in March.

19 Mar 2024 10:44

AIM WINNERS & LOSERS: PHSC notes buyback; Gfinity up on interims

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

6 Mar 2024 16:59

IN BRIEF: Bens Creek up on new USD7.5 million working capital facility

Bens Creek Group PLC - Owner and operator of coal mines across the US - Enters into an amended loan instrument and security agreement with Avani Resources Pte Ltd, a Singapore-based commodities trader, Bens Creek's largest shareholder with a 30% stake. Avani will provide Bens Creek with a working capital facility of USD7.5 million, alongside an additional USD2.5 million at its discretion. To date, Avani has advanced USD5.0 million to Bens Creek, USD4.3 million of which was advanced in February. Avani has also agreed to restructure its outstanding USD6.5 million loan note, issued by Bens Creek in July. Due for repayment in January 2025, the pair have agreed that the loan note shall now be a rolling loan note, remaining open until either its repayment or the event of a default.

29 Feb 2024 19:42

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Bens Creek Share News (BEN)

Share Price Information for Bens Creek (BEN)

IN BRIEF: Bens Creek jumps as sale and delivery of coal commences

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

Bens Creek shares fall as it moves mine into care and maintenance

AIM WINNERS & LOSERS: Bens Creek falls as it lays off workers

Bens Creek shares plunge amid round of lay-offs in West Virginia

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

Bens Creek inks coal sale deal amid cash flow strains

Bens Creek down as struggling company inks additional Avani coal order

Bens Creek draws additional working capital from largest shareholder

IN BRIEF: Bens Creek falls as draws down USD9 million

AIM WINNERS & LOSERS: PHSC notes buyback; Gfinity up on interims

IN BRIEF: Bens Creek up on new USD7.5 million working capital facility

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Share Price Information for Bens Creek (BEN)

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IN BRIEF: Bens Creek jumps as sale and delivery of coal commences

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